AAR : Treats pre-fabricated warehouse as 'immovable property', denies ITC on inward supplies

Feb 19,2019

West Bengal AAR holds that the warehouse constructed by the applicant constitutes immovable property, denies input tax credit (ITC) on inward supplies used for construction of the said warehouse in view of provisions of section 17(5)(d) of the GST Act; Noting that the applicant is constructing a warehouse intended to be used as a permanent structure, holds that intention is beneficial enjoyment for more than 2 decades of property being built; Rejects Applicant's contention th...


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